In an interesting development to the ongoing negotiations between the EU and the United States, the EU has said that it may lose interest in opening up the trans-Atlantic air travel channels if the US does not do anything about the rules that currently prohibit EU airlines from buying US carriers and operating in the US domestic routes.
Earlier in the month, the two sides agreed to liberalize the air travel between the two countries but it appears that the EU may restrict American investments in European airlines. In America, US carriers carry a 25% limit on the number of shares held under foreign ownership. Read more